#state-run


$500M loan approved for $1.45B electrification program in Sumatra

Indonesia, Jakarta: Indonesia’s state-run utility PLN will receive a $500 million loan from the World Bank aimed to support implementation of the electrification program which will bring electricity to parts of Sumatra which are yet to be connected to the national grid.

Utility to procure $6B worth of distribution equipment

India, New Delhi: India’s state-run utility company Power Grid Corporation will spend $6 billion to procure distribution equipment from domestic vendors on behalf of states, required for implementation of the rural electrification and network strengthening programmes.